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Cameco call volume above normal and directionally bullish

Bullish option flow detected in Cameco with 24,122 calls trading, 3x expected, and implied vol increasing over 1 point to 38.25%. 6/14 weekly 55 calls and Jun-24 56 calls are the most active options, with total volume in those strikes near 16,000 contracts. The Put/Call Ratio is 0.08. Earnings are expected on July 31st.

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